How do you think the problem of moral hazard might have affected the safety of sports such as football and boxing when safety regulations started requiring that players wear more padding? Explain with examples.
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How do you think the problem of moral hazard might have affected the safety of sports such as football and boxing when safety regulations started requiring that players wear more padding? Explain with examples.
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- After reading this chapter, what are major insights you have about ethics and CSR?The Sarbanes-Oxley Act of 2002 (SOX) has emphasized the importance of ethical behavior and codes of conduct. Discuss the costs and benefits of the ethical environment. If a poor ethical environment results in costs to an organization, what are they? Conversely, what are the benefits of a good ethical environment?You find a valuable piece of jewelry while shopping at a retail store. Instead of turning it in to lost and found, you put it in your pocket under the principle that“Everyone else would take it, too.” Which ethical principle does this illustrate? a. Libertarian b. Generalization c. Universal d. Religious
- According to Texas Health Resources and Intel: Ethics, IT, and Compliance: Should organizations pursue high ethical standards regardless (or in spite of) their bottom-line impact? Or should they limit themselves to those scenarios where “good ethics make for good business?How does Adam Smith’s self-interest theory affect business ethics? Do we see ethics violations in today’s business world? Why or why not? How does Emmanuel Kant’s notion that some actions are just right and some actions are just wrong, compare to what Adam Smith said? Explain in detail pleaseTo what extent do our moral ideas reflect the society around us, and to what extent are we free to think for ourselves about moral matters? please help with this discussion question
- Utilitarian’s theory suggests that ethical action is one which promotes the greatest good for the greatest number of people. Describe different ways of defining what is good for people and explain how these might relate to the practical application of utilitarianism in business scenarios?Should organizations pursue high ethical standards regardless (or in spite of) their bottom-line impact? Or should they limit themselves to those scenarios where “good ethics make for good business?How do companies decide which capital investments they will make in corporate social responsibility? Please respond to these two parts with a full paragraph for each part (150 words per paragraph) and respond to 2 or more of your classmates with full paragraph responses.
- Ethical codes are foundational frameworks that guide individuals or groups in making moral decisions and conducting themselves in a manner that aligns with values such as honesty, integrity, fairness, and respect for others. These codes serve as compasses in navigating complex situations where ethical dilemmas may arise, providing a set of principles to uphold in both personal and professional contexts. They often encompass a wide range of considerations, including responsibilities to clients or customers, colleagues, the organization, and society at large. For instance, in professions such as medicine or law, ethical codes outline obligations to prioritize the well-being of patients or clients, maintain confidentiality, and avoid conflicts of interest. In business, ethical codes may emphasize transparency, environmental sustainability, and adherence to laws and regulations. However, ethical codes are not static; they evolve over time to reflect changing societal norms, advancements in…what are the difference between business ethics in the early year's development and ethics in new generation? Justify your answer.What do you consider to be the primary ethical, social, and political issues regarding the quality of a software product? For example, how does the use of electronic voting machines act as a "double-edged sword?" What moral dimensions are raised by this use of information technology?